Tech

Runpod hits $1bn valuation on $100M raise

Runpod has raised $100M and reached a $1bn valuation, a tenfold jump in under two years. The cloud startup rents out AI computing power, and it says it turned down buyout offers worth more than $500M.

Score 1 for AI. Law firm staffed by bots wins a case in an English court.

Garfield, a tech startup that is also a regulated law firm, cinches a victory for a client — and for robo-lawyers everywhere.

Deezer launches a remix tool that does not use AI and pays artists for every stream

Deezer launched Remix Lab, letting fans remix songs with in-app tools and artist consent while paying royalties, deliberately avoiding AI.

Google is finally opening the Play Store to outside payments

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China humanoid robot forecast doubles to 50,000

Morgan Stanley has doubled its forecast for China humanoid robot shipments again, to 50,000 this year. The bank says the machines are moving from stage demos to real factories, shops and restaurants.

Amazon Web Services CEO says half of white-collar jobs may 'change' due to AI

Matt Garman, the CEO of AWS, pushed back on fears that artificial intelligence will decimate large swaths of the workforce.

Riviera Partners acquires AI startup recruiter Lateral Labs as the talent war reshapes executive search

Riviera Partners is acquiring Lateral Labs, an AI startup recruiter founded by an ex-OpenAI recruiter, to expand its AI and ML talent search capabilities.

Facebook rolls out an AI companion app for creators

The new app, which is currently being tested with select creators, will have Facebook's recently launched AI creator assistant built into it.

Hyundai robot strike: union votes to fight automation

Hyundai workers have voted overwhelmingly to authorise a strike, and for the first time robots are part of the fight. A Hyundai robot strike would test who controls the factory floor as humanoid machines arrive.

Prosus leads €480mn investment in French health tech start-up Alan

Paris-based group raises one of Europe’s biggest non-AI start-up rounds this year

Prosus

The latest news, analysis and opinion on Prosus. In-depth analysis, industry insights and expert opinion

Agility Robotics plans to go public via SPAC in a $2.5B deal

Agility Robotics, the humanoid robotics startup that spun out of Oregon State University in 2015, expects to generate $620 million in proceeds.